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Saturday, June 24, 2006 11:10:34 AM
"But alas, it is only a scenario. It is quite pointless for any of us to create scenarios but that's what we do because of our hopes and wishes."
Can you elaborate if things have changed since your earlier postings in which similar "scenario's" were addressed and responded to by you? I'm almost thinking everything remains intact based on your recent announcement of buying shares and even borrowing to buy more.
Posted by: umbra
In reply to: AMS4900 who wrote msg# 36705 Date:3/26/2006 11:41:35 AM
Post #of 61756
Strike the term "buy-out" from your current operative vocabulary. I think you would find Mr. B.'s current assigned value of ERHC as "priceless". So where would the bidding begin? It won't even be entertained.
There too will be numerous other "players" coming forward as time passes, reserves become more definitive and the like. The GOG will witness the likes of an international "feeding frenzy" with some thusfar unthought of "sharks".
Watch for Lukoil as one of these. They have the where-with-all to buy in with more than just money and have unique appeal to countries with both frail governments and military forces.
......I posted this scenario which was followed by your response of:
http://www.investorshub.com/boards/read_msg.asp?message_id=10349004
Posted by: umbra
In reply to: balance_builder who wrote msg# 36386 Date:3/25/2006 8:25:27 AM
Post #of 61759
You're a pretty smart guy. I can neither confirm nor deny your vision of the weeks to come. It seems clear and very logical.
Whether it plays out EXACTLY this way...we'll see won't we.
If you own the stock, just sit back with your mind at ease and watch things happen in their own time.
You must be a chess player as well.
.......following another question by Art on the same day you responded to him indicating:
Posted by: umbra
In reply to: Art2004 who wrote msg# 36322 Date:3/25/2006 8:29:03 AM
Post #of 61760
Your position is very pragmatic and clear. Read my other responses to different posts, ie., balance_builder. There's a man with an almost "pure" focus.
I think you are correct.
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